# Sectoral Savings: OECD vs non-OECD

| Model | Dep Var | N | Countries | R² |
|---|---|---|---|---|
| OECD Z → savings | gross_national_savings_gdp | 1,150 | 37 | 0.035 |
| non-OECD Z → savings | gross_national_savings_gdp | 3,169 | 121 | 0.210 |
| OECD Z → govt_saving | govt_saving_gdp | 1,161 | 37 | 0.143 |
| non-OECD Z → govt_saving | govt_saving_gdp | 4,013 | 137 | 0.040 |
| OECD Z → private_saving | private_saving_gdp | 1,107 | 37 | 0.040 |
| non-OECD Z → private_saving | private_saving_gdp | 2,921 | 120 | 0.137 |

## Key Coefficients

| Model | Variable | Coef | SE | p-value | Sig |
|---|---|---|---|---|---|
| OECD Z → savings | Z_1 | 37.8139 | 27.2452 | 0.1654 |  |
| OECD Z → savings | Z_2 | -4.8134 | 3.7152 | 0.1954 |  |
| OECD Z → savings | Z_3 | 0.1786 | 0.1419 | 0.2082 |  |
| non-OECD Z → savings | Z_1 | 81.6969 | 19.1776 | 0.0000 | *** |
| non-OECD Z → savings | Z_2 | -9.6777 | 2.9276 | 0.0010 | *** |
| non-OECD Z → savings | Z_3 | 0.3157 | 0.1209 | 0.0091 | *** |
| OECD Z → govt_saving | Z_1 | -43.0567 | 22.4338 | 0.0552 | * |
| OECD Z → govt_saving | Z_2 | 5.6977 | 3.0277 | 0.0601 | * |
| OECD Z → govt_saving | Z_3 | -0.2095 | 0.1138 | 0.0659 | * |
| non-OECD Z → govt_saving | Z_1 | 25.7845 | 8.6403 | 0.0029 | *** |
| non-OECD Z → govt_saving | Z_2 | -3.5798 | 1.3105 | 0.0063 | *** |
| non-OECD Z → govt_saving | Z_3 | 0.1356 | 0.0538 | 0.0118 | ** |
| OECD Z → private_saving | Z_1 | 50.9888 | 32.4573 | 0.1165 |  |
| OECD Z → private_saving | Z_2 | -6.0676 | 4.3886 | 0.1671 |  |
| OECD Z → private_saving | Z_3 | 0.2057 | 0.1655 | 0.2144 |  |
| non-OECD Z → private_saving | Z_1 | 47.1861 | 19.0451 | 0.0133 | ** |
| non-OECD Z → private_saving | Z_2 | -4.6450 | 2.8931 | 0.1085 |  |
| non-OECD Z → private_saving | Z_3 | 0.1169 | 0.1191 | 0.3263 |  |

*OECD vs non-OECD decomposition*